Real Estate

Seagram heir shells out $35.6M for SoHo pad

Eli Bronfman, the grandson of late billionaire and Seagram chairman Edgar Bronfman Sr., ordered the home from Sam Ben-Avraham, who is founder and main government of manner and life-style trade show situations firm Liberty Fairs.

A Seagram liquor fortune heir has purchased a SoHo, New York, apartment for a awesome $35.625 million, The Wall Avenue Journal claimed on Friday.

Eli Bronfman, the grandson of late billionaire and Seagram chairman Edgar Bronfman Sr., obtained the unit at 20 Greene Street from Sam Ben-Avraham, who is founder and main executive of style and lifestyle trade present gatherings company Liberty Fairs.

Hannah Bomze and Louis Buckworth of Casa Blanca brokered the deal.

The rental encompasses virtually 7,000 sq. toes of place across two unique flooring, in accordance to assets information portal PropertyShark. It was bought off-marketplace and attributes five bedrooms, a media room, a significant studio for possibly property business office or fitness center use and a landscaped roof, The Journal described.

In addition, the unit’s creating, which has an ornamental solid-iron facade, belongs to the SoHo-Forged Iron Historic District, as specified by the Landmarks Preservation Fee in 1973. Bronfman joins cryptocurrency billionaires Cameron and Tyler Winklevoss as a resident in the building — although their tenures may well not overlap for extended, considering that the Winklevoss twins stated their device in the constructing for $16.95 million in April, in accordance to records.

The deal follows a record-breaking penthouse sale in SoHo in November 2021 for $49 million in a further affirmation of New York City’s luxury resurgence in the wake of the pandemic.

Bronfman will work for the family’s non-public expense workplace and also co-founded affordable housing financial investment business Lincoln Avenue Money Management LLC with his brother, Jeremy Bronfman. Edgar Bronfman Sr., who died in 2013, started off doing the job at his family’s liquor company at the age of 21 as an apprentice taster and accounting clerk and in the end climbed the ranks all over the yrs to turn into chairman.

In his job as president of the Planet Jewish Congress from 1981 to 2007, he is credited with shaping the corporation into a a lot more centered entity and pressed for amplified rights for Jewish individuals living in the Soviet Union.

E mail Lillian Dickerson